Which of the following is an example of a good where excluding non-payers is difficult?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aLibrary subscriptionbPublic radiocDisney's theme parkdElectricity consumption
Question
Which of the following is an example of a good where excluding non-payers is difficult?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aLibrary subscriptionbPublic radiocDisney's theme parkdElectricity consumption
Solution
The correct answer is b) Public radio.
This is because public radio is a type of public good. Public goods are non-excludable, meaning it's difficult to prevent non-payers from accessing them. When a public radio station broadcasts, anyone with a radio can listen to the broadcast, whether they've paid for it or not. It's not feasible to exclude non-payers from listening to the broadcast, making public radio an example of a good where excluding non-payers is difficult.
On the other hand, goods like a library subscription, Disney's theme park, and electricity consumption are excludable. This means that if you don't pay for these services, you can be prevented from using them. For example, if you don't pay your electricity bill, your electricity can be turned off. If you don't pay for a library subscription or a ticket to Disney's theme park, you can be denied access.
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